The report indicates a +15% quarterly viewership increase in Q3 2023, with Disney+, Netflix, and TVING leading the growth. It also found that Korean SVOD platforms added 716,000 net new subscribers, reaching 19.0 million subscriptions for that quarter.
During “D23: The Ultimate Disney Fan Event,” the company shared the upcoming titles from Disney Animation, Pixar Animation Studios, Marvel Studios, Lucasfilm, Disney Entertainment Television, Disney Live Action, and National Geographic.
Jan Koeppen, President, The Walt Disney Company Europe, Middle East, and Africa, revealed the company’s plans to invest in the UK and continental Europe focusing on producing blockbuster movies and TV shows, expanding Disney+ and its parks business.
The recently launched bundle has more than double the audience demand versus Netflix’s current industry-leading catalog. The key remains in how to best leverage this demand for franchise IP.